Waaree Energies IPO Sees Robust Demand

25 Oct 2024 CW Team

Waaree Energies has achieved a remarkable 76.34 times subscription for its initial public offering (IPO), reflecting strong demand from institutional buyers. This overwhelming response highlights the growing investor interest in the renewable energy sector, particularly in companies poised for significant growth.

The IPO was launched to raise funds aimed at enhancing Waaree's operational capabilities and expanding its footprint in the renewable energy market. The company's commitment to sustainability and clean energy solutions has resonated well with investors, as the global push towards green energy continues to gain momentum.

Market analysts noted that the high level of participation from institutional investors demonstrates confidence in Waaree Energies' business model and growth prospects. The company is known for its comprehensive range of solar energy products and solutions, positioning it as a key player in India's transition to renewable energy.

The enthusiastic subscription indicates a favorable market response to Waaree's equity offering. The funds raised through this IPO are expected to be utilized for various strategic initiatives, including technology upgrades, expanding manufacturing capacities, and strengthening the supply chain to meet the increasing demand for renewable energy solutions.

In conclusion, the strong subscription rate for Waaree Energies' IPO is a positive sign for the renewable energy sector and reflects a growing trend of investor confidence in sustainable energy companies. This development is expected to bolster Waaree's growth trajectory as it continues to contribute to India's clean energy goals.

Infrastructure Urban

13 Oct 2025

Recycling Leaders Push for Policy Reforms in India

As India prepares for the largest recycling-focused event in its history, industry leaders are making a strong case for policy reforms to unlock the country’s circular economy potential. Ahead of the Bharat Recycling Show (BRS) 2025, co-located with Plastics Recycling Show (PRS) India, a high-level panel discussion in Mumbai spotlighted the urgent need for regulatory clarity, digital innovation, and integration of the informal sector.Held under the theme “Unlocking Circular Value: Regulatory and Market Trends in Recycling”, the panel brought together prominent voices from across the recy..

Environmental Hearing Set for 1000 MW Naying Hydro Project

The environmental public hearing for the 1,000 MW Naying hydroelectric project will take place on November 12 at Yapik community hall in Shi-Yomi district, Arunachal Pradesh, officials confirmed. The run-of-the-river project on the Siyom (Yomgo) river is being developed by the North Eastern Electric Power Corporation (NEEPCO). Construction, including a concrete dam, underground powerhouse, and tunnel, is expected to commence around 2028, with commissioning planned by 2032. The project aims to generate approximately 4,966.77 GWh of electricity. The Naying project received Central Electricity ..

India Achieves 490 MWh Energy Storage Capacity by June 2025

India’s cumulative energy storage capacity reached 490 MWh by June 2025, according to data released by the Central Electricity Authority (CEA). Of this, more than 85 per cent is associated with renewable energy projects, primarily solar and wind, reflecting the country’s accelerated shift towards grid stability and clean energy integration. The CEA report highlights that 16 energy storage systems are currently operational across 10 states, with major installations in Rajasthan, Gujarat, Karnataka, and Maharashtra. These include both standalone and co-located battery systems deployed by le..